Property News · March 1, 2017

London's 'Cheesegrater' sold to Chinese tycoon for more than £1bn


British Land’s sale of the tallest tower in the City of London is second biggest ever deal for a UK buildingThe “Cheesegrater”, the tallest building in the City of London, has been sold to a Chinese property tycoon for £1.15bn, the second biggest ever sale of a UK building.The developer behind the 224m tower, British Land, and its joint venture partner Oxford Properties, the global property arm of a Canadian pension fund, have sold the landmark building to CC Land, a Hong Kong-listed company controlled by Cheung Chung-kiu. Continue reading…

Source : theguardian.com
Read more…London’s ‘Cheesegrater’ sold to Chinese tycoon for more than £1bn

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